Paper #1508

Title:

Health capacity to work at older ages: Evidence from Spain

Authors:

Pilar García-Gómez, Sergi Jiménez-Martín and Judit Vall Castello

Date:

February 2016

Abstract:

In a world with limited PAYGO financing possibilities this paper explores whether older Spanish individuals have the health capacity to work longer. For that purpose we use Milligan-Wise and Cutler-Meara Cutler-Meara- Richards-Shubik simulation methods. Our results suggest that Spanish workers have significant additional capacities to extend their working careers.

Keywords:

work capacity, retirement, health

JEL codes:

J11, J26, I12, I18

Area of Research:

Labour, Public, Development and Health Economics / Statistics, Econometrics and Quantitative Methods

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